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Diversification levels reach near-record level

by • 2 Nov 2023
The number of mortgage brokers who also write commercial loans has increased to the second-highest level to date. READ MORE

Unpaid invoices mean SMEs face potential $22bn shortfall

by Josh Needs • 2 Nov 2023
Small businesses look to be facing cash flow concerns this festive season, according to an accounting platform. READ MORE

Broker association calls for balance with SME finance complaints 

by Josh Needs • 2 Nov 2023
Six recommendations have been put forward to the complaints body by the MFAA regarding the handling of small-business... READ MORE

Home loans are the most reported licensee breach: ASIC

by Josh Needs • 1 Nov 2023
Credit issues are the most common issues reported to ASIC under the reportable situations regime. READ MORE

Lumi unveils rate-reducing business loan

by Annie Kane • 1 Nov 2023
A new feature that automatically decreases the interest rate on business loans for certain SME borrowers has been... READ MORE

In Memoriam: Ruth Cresswell, 1968–2023

by Annie Kane • 1 Nov 2023
Ruth Patricia Cresswell, a veteran broker relationship manager and sales manager, has passed away unexpectedly at the... READ MORE

Submissions open for Top 25 Brokerages 2024

by Reporter • 1 Nov 2023
The Adviser is calling for submissions from brokerages across Australia for the Top 25 Brokerages 2024, partnered by... READ MORE

Brokers settled record home loans: MFAA

by • 31 Oct 2023
Brokers have maintained a strong market share position, with the third-party channel settling over $350 billion in home... READ MORE

Pepper Money announces commercial mortgage policy changes

by Adrian Suljanovic • 31 Oct 2023
The non-bank lender has announced a series of commercial real estate policy improvements to further assist its brokers... READ MORE

Prospa originations down 31%

by Adrian Suljanovic • 31 Oct 2023
The non-bank lender announced a drop in originations for the quarter ended 30 September 2023 as it continues to tighten... READ MORE

Wisr book drops after ‘deliberate moderation’

by Josh Needs • 31 Oct 2023
The non-bank lender saw its loan book and originations drop in the first quarter of the financial year 2024, which it... READ MORE

MyState appoints new head of broker distribution

by Annie Kane • 30 Oct 2023
A former broker-turned-business relationship manager has become the head of broker distribution at the non-major bank. READ MORE

New housing lending bounces back after consecutive declines: CBA

by Adrian Suljanovic • 30 Oct 2023
The major bank has reported a lift in new housing lending in September following three months of falls. READ MORE

Inflation ‘higher than anticipated’: McEwan

by Adrian Suljanovic • 30 Oct 2023
Last week’s third quarter inflation data came back higher than forecast, the major bank’s chief executive has said,... READ MORE

How SMEs are tapping into the climate tech boom

by Adrian Suljanovic • 30 Oct 2023
For Australian businesses speeding towards net-zero carbon footprint, climate tech is prophesied to play a critical... READ MORE

Challenging conditions to continue: Liberty 

by Josh Needs • 27 Oct 2023
The financial services group has forecast ongoing challenging conditions despite seeing loan portfolio growth in 1Q24. READ MORE

50% increase in cyber criminal attempts on brokers: Connective

by Josh Needs • 27 Oct 2023
The aggregator has recorded a 50 per cent increase in fraudulent attempts on its brokers and clients over the last 12... READ MORE

FBAA ‘not surprised’ by low broker complaints

by Josh Needs • 27 Oct 2023
The association has said the low number of broker complaints found by AFCA was unsurprising based on previous data. READ MORE

Commercial property resilient in the face of economic headwinds

by • 27 Oct 2023
Despite global economic challenges and increased risks in commercial real estate, the Australian commercial property... READ MORE

Hot Property: The biggest property headlines from week 23–27 October

by Adrian Suljanovic • 27 Oct 2023
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 27... READ MORE

Increased awareness of broker industry needed: BCCC

by • 26 Oct 2023
With small businesses and agribusinesses often seeking assistance from banks too late in financial distress, there’s... READ MORE

Thinktank adopts NextGen’s ApplyOnline platform 

by Josh Needs • 26 Oct 2023
The non-bank lender has utilised the ApplyOnline platform to help expand within Australia’s mortgage broker network. READ MORE

AFG makes 2 key appointments

by • 25 Oct 2023
AFG has revealed two significant appointments that it anticipates will play pivotal roles in supporting its member... READ MORE

NAB selects new head of broker

by Josh Needs • 25 Oct 2023
The big four bank has announced the formal appointment of its new executive, broker distribution. READ MORE

Rate cuts may trigger the next mortgage war, warns analyst

by • 25 Oct 2023
While the mortgage wars have subsided, there’s potential for CBA to rekindle the competition war amid a drop in its... READ MORE